Chandigarh sunitashastri: Saraswat Bank, India’s largest Urban Co-operative Bank, slashed its interest rates on loans w.e.f. 15th December 2020, on its major loan products like Home Loan, Car Loan, Loan against property and Gold Loan. Under the Swastik Bonanza scheme, the Bank, along with the rate cuts, has bundled additional benefits such as discount on processing fee, up to 100% finance and free NETC FASTag. These rate cuts and benefits can be availed till 31st March 2021.
This step is taken as a measure to ease the current financial crisis prevalent in the market and enable customers to balance their credit requirements easily and conveniently. In the New Year, the slashing of rates will surely benefit customers in fulfilling their financial needs and prove economically feasible.
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Posted by Surinder Verma on Wednesday, June 17, 2020